Singapore’s STI is up 0.5% at 3196.55 midday, after managing to not only hold on to early gains, but improve on them, with buying seen in recently beaten down blue chips such as Genting Singapore (G13.SG), +0.5% at $2.08, SingTel (Z74.SG), +1.3% at $3.11, and Noble (N21.SG), +0.5% at $2.18, with Golden Agri (E5H.SG), +0.7% at $0.725.
Posts Tagged ‘tipped’
Kim Eng +12.6%; offer tipped to be unconditional
January 7th, 2011 |
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Kim Eng (K50.SG) is last +12.6% at $3.03 on resuming trade after Maybank’s (1155.KU) US$1.4 billion ($1.82 billion) offer to buy the brokerage, still below the $3.10 per share offer price which values the brokerage firm at 1.9X book.
Sir Simon Cowell? “X Factor†Boss Tipped For Knighthood
December 27th, 2010 |
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Sir Simon Cowell? Factor/Idol dude Simon Cowell is being tipped for knighthood in the Queen Elizabeth’s 2010 New Year’s Honors List. The music boss, 51, is expected to be in the list when it is revealed on Dec. 31, the UK’s Mail on Sunday reports. Cowell is expected to be given knighthood due to his [...]
STI +0.1%; Small caps active; 3,218 cap tipped key
December 9th, 2010 |
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Small caps are the most active in Singapore trade, with low-priced plays in favor amid a general lack of newsflow to guide investors.
Broad market direction is generally up, with just under 2 gainers for every decliner.
FTSE ST Catalist Index +1.7%, FTSE ST Small Cap Index +0.4% vs STI +0.1% at 3,207.16. UOB KayHian says while STI’s technical picture is looking better, “we would like to see the index break above the resistance of 3218 before putting our chips on the table.”
STI extends gains, +1.0%; 3,187 resistance tipped
December 1st, 2010 |
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Singapore shares extending gains in late trade, drawing strength from advance in HK market, firm US stock futures, early gains in European bourses.
STI +1.0% at 3,175.85 vs flat at 3,143.77 midday; immediate resistance at 3,187 (Nov 23 high). Market breadth at more than 1.5 gainers for every decliner. Still, participation level low as volume so far only tad more than 1 billion shares.
Shabbaz Sharif tipped off JUD prior to asset freeze order by govt: Zardari to Patterson
December 1st, 2010 |
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Pakistan President Asif Ali Zardari discussed with the then US envoy to Pakistan, Anne Patterson, his increasing frustration with former premier Nawaz Sharif”s government in Punjab, whom he believed, had tipped off Jamaat ul-Dawa (JUD) about the assets freeze ordered by the federal government, according to whistle-blower website WikiLeaks. During a meeting on January 2, [...]
STI down 0.2%, off lows; 3,230 tipped as support
November 15th, 2010 |
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STI down 0.2% at 3,246.58, off intraday 3,230 low, which unlikely to be tested again today, with market breadth improving tad to 2.3 decliners per gainer vs almost 3 to 1 at break; 1.11 billion shares traded worth $1.04 billion, according to Dow Jones.
Index likely to remain underwater rest of session as HK, China markets also consolidating with negative bias.
STI +0.1% midday; Selling into strength tipped
November 4th, 2010 |
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STI +0.1% at 3,229.11, with gainers just pipping decliners 1.3 to 1. Volume remains moderate at 1.10 billion shares worth $1.13 billion. Gains modest despite confirmation of Fed’s commitment to drip-feed US economy, as STI’s recent rally largely prices-in expected increase in liquidity flows, analysts told Dow Jones.
Attention now turns to next risk event: US non-farm payrolls tomorrow.
STI off 0.2% midday; tipped in narrow range middle-term
October 26th, 2010 |
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STI down 0.2% at 3175.54 midday, with 1.9 decliners for every gainer, moderate 960 million shares traded worth $967.8 million. Analyst at local brokerage says STI likely to remain in narrow range medium term, possibly until January 2011; adds, index moving in resistance area of 3160-3200, with good support at 3100.
STI off 0.2% midday; tipped in narrow range middle-term
October 26th, 2010 |
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STI down 0.2% at 3175.54 midday, with 1.9 decliners for every gainer, moderate 960 million shares traded worth $967.8 million. Analyst at local brokerage says STI likely to remain in narrow range medium term, possibly until January 2011; adds, index moving in resistance area of 3160-3200, with good support at 3100.
STI +0.7%; 3,200 cap tipped; Upside bias near-term: Dealer
October 6th, 2010 |
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Singapore stocks remain in demand, underpinned by gains across Asian markets after Wall Street’s overnight rally, says Dow Jones.
STI +0.7% at 3,183.32 midday, faces immediate resistance at 3,200. Gainers outnumber decliners by more than 2 to 1 in broad market, with overall volume moderate.
Ezion +4.4%; 58% 3-year earnings CAGR tipped: DMG
September 27th, 2010 |
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Ezion Holdings (5ME.SG) +4.4% at $0.715 in active trade as investors take advantage of slight pullback in last few sessions to accumulate, says Dow Jones.
“Ezion is our top pick in the small- and mid-cap offshore and marine space, as we expect it to deliver the highest earnings growth among its peers,” says DMG research head Terence Wong; tips 58% 3-year CAGR from FY10.
Singapore shares +0.2%; 2,900-2,969 range tipped
August 18th, 2010 |
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Singapore shares tad higher amid mixed regional equities, though some buying seen on positive US economic data overnight, says Dow Jones.
STI +0.2% at 2,926.76, expected to stay above 2,900, with resistance at 2,969 (Aug 11 high). “We expect shares to trade within a narrow band for the rest of today due to a lack of market direction and mixed US futures,” CIMB says.
Market breadth still slightly negative; volume modest at under 1 billion shares vs 1.5 billion yesterday. Commodity firms among gainers; Wilmar International (F34.SG) +2.1% at $6.26 on hopes of increased fund inflows as plantation group’s weighting in MSCI Singapore Index raised to 5.33% from 3.62%, Golden Agri-Resources (E5H.SG) +0.9% at $0.58.
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Asian container shipping tipped to slow down in 4Q by Deutsche Bank
July 29th, 2010 |
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Despite raising 2010 earnings forecasts significantly on Asian container shipping sector, Deutsche Bank turns cautious going into 2H10, according to Dow Jones.
Deutsche Bank says industry recovery surprised on upside, expects decent 2Q profits, early signs suggest 3Q will be even better, but notes channel checks point to 4Q industry slowdown, increasing supply presents sector headwinds in 2011.
The research house also forecasts supply growth to accelerate from 2010’s 9.4% to 10.3% in 2011, outpacing house’s demand growth forecast of 9.4%.
SIA’s 1Q net profit tipped at $236m
July 26th, 2010 |
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Singapore Airlines (C6L.SG) likely to swing to a fiscal 1Q net profit of S$236 after S$307 million net loss same period last year, as global economic recovery boosts leisure, business travel and increased cargo movement, a Dow Jones poll shows.
“Both passenger and cargo traffic saw strong demand and tight capacity in 1Q FY11. We forecast passenger and cargo revenue to increase by 22.7% y-o-y and 48.4% y-o-y, respectively,” Daiwa Securities says.
Results due after market close. Stock last +0.1% at $14.80.
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David Cameron tipped to enter 10, Downing Street
May 7th, 2010 |
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Conservative leader David Cameron, whose party has secured the largest number of seats and highest percentage of votes, is expected to form the next govt in Britain that is set for an India-style coalition politics after no party won an overall majority.
With results of 600 of the 649 seats declared, the Conservative party won [...]
Fare cut on SMRT, ComfortDelgro tipped to have minimal impact
April 21st, 2010 |
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The reduction in Singapore bus, train fares by 2.5% from July not expected to have significant impact on earnings of land transport operators SMRT (S53.SG), ComfortDelgro (C52.SG), analysts say according to Dow Jones.
STI may edge higher; resistance tipped at 2,900
March 15th, 2010 |
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Singapore shares may edge up after better-than-expected US retail sales lent mild support to DJIA last Friday (ends +0.1%). Regional cues also suggest upward bias with Nikkei +0.5% at open, Kospi +0.1%.
Sam Worthington tipped to play new Bond
February 15th, 2010 |
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Aussie actor Sam Worthington, famed for his ”Avatar” role, has been tipped as the next person to play the famous spy James Bond.
According to the Daily Telegraph, Worthington, 33, has become the favourite ahead of Will Smith to replace Daniel Craig as the famed British spy on the big screen, reports News.com.au.
His interpretation of Corporal [...]
Murray tipped to spoil Federer’s party
January 18th, 2010 |
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Roger Federer is the bookmakers’ pick to win the Australian Open and it is hard to go past his Grand Slam dominance but influential pundits are tipping it is Andy Murray’s time. All-time Grand Slam leader Federer is gunning for his 16th major title over the next fortnight after passing Pete